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20130124
20130201
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CSPAN 4
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
final approval today to a measure that would at least put off the debate over raising the debt ceiling. this measure suspends the government's borrowing limit to may 19th. the national debt will be pushing the $17 trillion mark. in other words, it's really washington's version of kicking the can down the road. the president is expected to sign this bill immediately. >>> now to the economy and the financial markets. stocks fell a bit today with all three major indexes modestly lower. but for the month, the dow was up almost 6%, the best since january in '94. nasdaq gained 4%, s&p just over 6. its best january since '97. what is the market surge trying to tell us when mixed in with some bad news out there, as well? and on the eve of another big jobs report? our report from nbc's tom costello. >> reporter: 25-year-old kory wilson can tell you, it's not easy looking for a job. she has applied for 200 since earning a master's degree in public relations last may. >> being a post graduate, either i'm overqualified or i'm underqualified. >> she is looking for work, but the economy seemingly po
to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come out of the market and that there's overwhelming sentiment that coss i solve the get problem. we asked wall street to grade our treasury secretary going out and one coming in. you can see a pretty strong sentiment that he was a seed secretary with a 2.2. jack lew, the sentiment there. 2.0. one more thing on the deficit i just want to say and maybe this is worthy of discussion here. i think this is a sign that things have improved, at these economists and guys on wall street are saying we should solve the deficit and do it now. i think if things were as bad as they were say the last couple years there might be less sense that we urgently need to fix the deficit problem. mike england from action economics said if we don't solve it now we'll get to the next cycle
the senate passes a budget. and we're not going to just keep raising the debt ceiling. we're going to make a down payment on debt reduction, and we're going to point the country in the right direction, we're going to cut spending. [applause] you know, there will be times p when conservatives disagree on the way forward. we've never marched in lockstep. that's not what we do. a healthy debate is a good and needed thing. we can deliberate in private without fighting in public. all we should ask of each other is that we give an honest account of our actions and their reasons for them. we should challenge the left, not each other. and if we take the prudent course, you know what? we'll be in really good company. our founders were men of prudence. take james madison. nowadays we call him the founder, the father of the constitution. but at the constitutional convention, he lost some key arguments. you know, he fought the plan to give each state the same number of seats in the senate. he thought it was deeply unjust. and at first he wants -- he wanted congress to be able to veto state laws n. bot
ceiling increase unless the senate passes a budget. we are not going to just keep raising the debt ceiling, we are going to make a down payment on debt reduction and we are going to putt -- we are going to point the country in the right direction. we are going to cut spending. [applause] there will be times when conservatives disagree on the way forward. we never marched in lockstep. we can deliver it in private. all we should ask for each other is that we give an honest account of our actions and the reasons for them. we should challenge the left, not each other. if we take a prudent course we will be in very good company. take james madison. nowadays we call him the founder and the father of the constitution. but at the constitutional convention he lost key arguments. he fought to give each state the same number of seats in the senate. he wanted to give congress more power. he wanted them to be able to be tough state laws. in both cases, he argued vigorously for his side. in both sets -- in both cases he lost. when it came to ratify the when it came time to ratify the constitution, there
voted against raising the debt ceiling, he said he was doing up because the national debt was outrageous a train dollars. i want to quote the president because he clarified for effect $8 trillion. under president about our national debt is over $16 trillion climbing, larger than our entire economy and he's not worried at all. indeed, he caused the progress. remember his campaign slogan? have got news for the president. if washington's guidance going forward, america's economy is going backwards. instead of managing government, it's time to address how we can make america to please her she can once again become the land of upper charity, a place of opportunity. we should put all of our eggs in that basket conservatives and republicans. research any folks in washington d.c. to devote themselves from taking america so for the lechery cannot give back. we must do all we can to stop what is rapidly becoming the bankrupting of our federal government. we as conservatives must dedicate energy and efforts to bring america, to showing the younger generation south american in the future. if more go
of the debt ceiling and trying to avoid the fiscal cliff showed congress at its worst. chambliss served two terms in the senate. he anchored some conservative activists with his attempts to find a bipartisan solution to the nation's debt problem. >>> playing the lottery might become impossible for some people in north carolina. here's why. a state lawmaker wants to ban people receiving government assistance or those who have declared bankruptcy from playing. republican representative paul stan is helping to draft this legislation. he says welfare money should be used to help people survive, not for gambling. critics say everyone should be able to play. ♪ what's love got to do with it ♪ >> great song. >>> singing legend tina turner is saying good-bye to her u.s. citizenship and will soon be a citizen of switzerland. she is 73 years old. she moved to switzerland in 1995 with her long time partner and says she cannot imagine a better place to live. she needs at proval of the swiss federal authorities to make this official. >>> the vice president takes his gun violence task force to a virgi
the debt ceiling. in part, because the way the question provisions were written. they were unbalanced. 50% of our cuts come from the defense. it just cut everything by the same amount as opposed to give our military leaders the pentagon to cut from unsuccessful and outdated programs and put more money into the most successful and important programs. with that said, the only thing worse than the defense cuts and sequestration is no cuts at all. if we don't have the sequestration cuts at the top line revenue level went we will increase the debt ceiling with almost nothing to show for it. part of the reasons why the house republicans this week, extended the debt cerealing for three months to feel out paul ryan and his team to draft a budget that gets us balanced in 10 years but also protects the department of defense from further cuts because they have already been cut by $500 billion. >> do you get the idea, do you get the sense that americans are tired of world business. that doing some business here at home is gaining traction with people. are they world leadership weary? is the american
. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. \[applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our future is to use those leverage points to force real solutions. so that's the short term. what about the
Search Results 0 to 10 of about 11 (some duplicates have been removed)